Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$269,900

($45,739 down)
FHA

4001 Penn Avenue N, Minneapolis, MN 55412

2
1
1,707 sqft
PITI Monthly
$1,846.79 /mo

Listing courtesy of: , Coldwell Banker Realty

Assumed Rate

5.52%
7.15%

Principal & Interest

$1,320 /mo
$1,567 /mo

What's Special

DINING
SPACIOUS
HARDWOOD FLOORS
DECK
PATIO
CHARMING

This charming 1.5 story single-family home has been updated throughout, offering plenty of potential for future growth and spacious rooms, featuring beautiful hardwood floors. The main level includes a bedroom, formal dining room, updated kitchen and a spacious living room with great flow. The finished lower level offers a versatile recreation area, a non-conforming room, laundry, and is ready for an additional bathroom. Upstairs, you'll find a super-sized room with flooring and a large closet, offering endless possibilities. The backyard is perfect for entertaining, with a small deck, privacy full fence, two patios, and a wood-burning clay pizza oven! Grow fresh herbs in the garden beds and enjoy the outdoors all summer long. Plus, the roof is less that 8 years old, providing peace of mind.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.52
Remaining Loan Term
27 years, 5 months
Monthly PITI
$1,846.79/mo
Estimated Loan Balance
$238,765
Cash to close
$45,739
Interest Paid
$32,516

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full, Wood
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Age 8 Years or Less, Asphalt
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Thorpe Bros William Penn Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Minneapolis

Financial Details

  • Price per Sqft: $158.11
  • Tax Annual Amount: $2548
  • On Market Date: 2025-01-21T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $45,739 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $45,739!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$224,161
Your Cash$45,739
Total Purchase Price:$269,900

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,320/mo
Traditional @ 7.5%
$1,625/mo
You save $305/month ($3,662/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6648210

Listing From: northstar

Last updated: 2025-03-03T14:12:03.000Z

© , northstar. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

5.52%
7.15%

Principal & Interest

$1,320 /mo
$1,567 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $45,739 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $45,739!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$224,161
Your Cash$45,739
Total Purchase Price:$269,900

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,320/mo
Traditional @ 7.5%
$1,625/mo
You save $305/month ($3,662/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

Powered By UMe.

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.